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US Treasury sanctions Mexican racetrack over alleged cartel links

Enforcement & compliance

The US Treasury said its Office of Foreign Assets Control sanctioned Club La Molienda, a horse racetrack near Nuevo Laredo, on 13 October. Treasury alleges the venue generated proceeds for Cartel del Noreste and suspects it worked with Casino Centenario to allow betting on races; the measures also targeted four individuals and 11 entities.

Businesses connected to the racetrack face compliance concerns because Treasury sanctions restrict US-linked transactions.

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Enforcement & compliance

French police investigate reported Polymarket bets on Ballon d’Or

French police are reportedly investigating suspicious bets on Polymarket linked to the latest Ballon d’Or. Twelve accounts allegedly staked over 264m euro on the order of the first five finishers, with a reported profit of almost 200m dollars. France Football contacted police after receiving a warning before the final rankings were announced.

French police are reportedly investigating suspicious bets on Polymarket linked to the latest Ballon d’Or, placed from twelve accounts. The accounts were allegedly created by the same person between 1 and 20 October, just three days after the jury closed voting.

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